Transcript Queen`s University

The Aging Population:
Riding the Grey Wave
FEBRUARY 27, 2016
ADM COMMITTEE BRIEFING
Presentation by Queen’s University, School of Policy Studies
The Grey Wave
By 2036 seniors will represent between 23% and 25% of
Canada’s population
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Key Challenges
Canada is facing a demographic shift with the rise of the aging
population, increasing strain on fiscal and social resources
Pensions
Health Care
QPP: Cannot meet
commitments after 2050
Costs 3x more for seniors
than general population
Private savings insufficient
Ontario: 70% by 2027
Quebec: 66% by 2035
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Key Challenges
Labour Force Participation
2026: For every 10 people
who enter the labour force,
13 will exit
2016-2036: 7%-10%
decrease in living standards
Fiscal Constraints
Quebec
Ontario
Debt to GDP: Debt to GDP:
55.1%
46%
Balance
Balance
2016/17
2017/18
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Policy Objectives
Develop
consensus for
action
Mitigate fiscal
constraints
Implement a
priority initiative
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Aging Task Force
Pensions
• Identify options to achieve sufficient and sustainable pension systems
Health Care
• Identify options to achieve a sustainable health care system that responds to changing
demographics
Labour Force
• Identify options to increase productivity and work force participation
Funding Options
• Identify options to mitigate fiscal constraints
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Options For Structure
Ontario/Quebec Only
All Provinces
National
• Fewer players makes coordination easier
• Could be seen as exclusive by other jurisdictions
• Best practices from other provinces
• Coordination challenges
• Allows us to address issues under federal jurisdiction
• Jurisdictional and coordination challenges
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Structure of the Aging Task Force
Ministers
Task Force Chair
Executive Roundtable
Health
Care
Pension
Reform
Funding
Options
Labour
Force
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Implementation Strategy
Create
challenge area
working groups
Working groups
receive
mandates
Final reports
and proposals
published
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Timeline of Task Force
2 Months
•
Establish working groups
6 Months
•
•
Task force delivers priority policy initiative
Other working groups submit updates
9 Months
•
Share recommendations and seek input
12 Months
•
Final reports & recommendations
24 Months
Recommendations implemented
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Priority Initiative: Home Care
•Existing consensus
Cost Efficiencies
• Royal commissions, studies, reports
• Sinha report – ON
• Autonomy Insurance Act – QC
•Task force duties:
• Costing
• Standardization
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Risk Mitigation
No Substantive
Action
Stakeholders Not
Engaged
Lack of
Coordination
Concrete timelines
Outreach and
relevance
Systems of
accountability
Measurable goals
and deliverables
Meaningful
contribution
Integration of
working groups
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Communications Strategy
Method
• Joint speech by the Premiers of Quebec and Ontario
• Regular progress updates
• Website tracking progress of task force
Audiences
• Stakeholder community
(businesses, labour, the third
sector)
• Other federal, provincial, municipal
governments
• ON and QC general public
Key Messages
• Facing an unprecedented challenge
• Consensus for action
• Concrete policy initiative: home care
• Collaboration to protect and help our
seniors
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Questions
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